Tuesday, April 16, 2024

Houses of Narayana, other TDP leaders raided

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Police conducted raids on the residences of prominent Telugu Desam Party (TDP) leaders, including former minister Ponguru Narayana, in Nellore on Monday, seizing a substantial sum of cash totalling Rs 1.81 crore.
The raids extended to the homes of former ZPTC member Muppalla Vijetha, Kota Gurubrahmam, Ramana Reddy, Srinivasulu, and Suresh, an accountant for the Narayana group of educational institutions, shedding light on financial transactions within political circles.
During the raids, notable TDP representatives, including Nellore Rural MLA Kotamreddy Sridhar Reddy and TDP Nellore parliamentary constituency in-charge Sk Abdul Azeez, visited Vijetha’s residence, denouncing the police actions as unwarranted harassment against opposition party leaderslk.
Concerns were raised regarding the legality and motivations behind the operation, especially as no warrant or explicit reasoning was provided by the police. Despite the discovery of Rs 22,000 in cash at one of the residences, the police’s decision to return it did little to ease tensions.
The focus intensified on Ponguru Narayana when Nellore Superintendent of Police K Tirumaleswara Reddy disclosed to the media that searches at the residences of Narayana’s close relatives uncovered a significant amount of Rs 1.82 crore. Narayana’s son-in-law Puneeth was implicated in a tax evasion scheme involving the issuance of GST invoices for NSPIRA Management Services on 84 vehicles, allegedly evading a tax bill of Rs 10.32 crore and paying only Rs 22 lakh instead. These revelations prompted the Balaji Nagar police to initiate a case against Puneeth, highlighting potential systemic abuses within the APGST Act and raising questions about the extent of tax evasion practices among political affiliates.
This incident underscores the delicate balance between political authority and legal accountability, emphasizing the need to reassess oversight mechanisms governing political entities and their financial activities. As the case progresses, it is expected to shape public perception of the TDP in Nellore and influence the broader discourse on political integrity and economic transparency in the region, potentially establishing a precedent for future investigations into political financial practices.

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